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We are heading to the biggest IPO since the boom of the '90s in the Internet. Lyft has just been made public, worth $ 26 billion, followed by Postmates and Uber. The acquired employees will become millionaires overnight, but what about millions of independent contractors who deliver food and drive pbadengers?
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Lyft relies on its 1.4 million independent drivers who earn an average of $ 17.50 per hour without benefits or organizing power. What does this mean for the American workforce? Kristin Sharp, Executive Director of the New America Shift Commission, a non-partisan think tank, is smart in the entertainment economy. She is leading a project on the future of work.
ABOUT ME ME SMART:
Because none of us is as smart as all of us. Make Me Smart with Kai and Molly is a podcast about economics, technology and culture. Guests Kai Ryssdal and Molly Wood use their expertise to connect points on topics they know best and to get help from listeners and experts on those they want to know more about.
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